Las Vegas, NV (PRWEB) May 26, 2010
With the financial downturn severely hitting Las Vegas and surrounding areas like Henderson and North Las Vegas in the final handful of years, the quantity of distressed properties in the region has never been greater. New York-primarily based Genuine Capital Analytics reported that the total quantity of distressed properties in Las Vegas is valued at about $ 15.6 billion, making it the biggest in the nation.

Even though Las Vegas foreclosures dominated the market in 2009, the initial quarter of 2010 showed a steady decline due to a decreasing inventory of foreclosed properties, prompting homebuyers like initial-time buyers and investors to turn to Las Vegas, Nevada short sales. In fact, 27% of April sales had been brief sales, according to the Greater Las Vegas Association of Realtors, and was really up from 22% in February.

With brief sales poised to become the leading trend in Las Vegas, the Craig Tann Group has launched ShortSaleStreamline.com, an on the web resource especially created for Clark County homeowners who can personally relate to the following concerns: